Meaning of usufruct | Babel Free

Definitions

The legal right to use and derive profit or benefit from property that belongs to another person, as long as the property is not damaged.

Equivalents

Examples

“We ought to obſerve, that Uſufruct or Uſe for the Profits, and other ſort of Servitudes are the Rights which we enjoy gratuitouſly: For if we pay an Annual Rent, 'twill be then a kind of Letting or Hiring.”

“[T]eaching the Koran is not property; neither does usufruct constitute property (according to the sentiments of our doctors), because that is not substantial or permanent, whereas property is a thing of a permanent nature, and what constitutes actual wealth; […]”

“In that old former time this one was Chang, that one was Eng. The sympathy existing between the two was most extraordinary; it was so fine, so strong, so subtle, that what the one ate the other digested; when one slept, the other snored; if one sold a thing, the other scooped the usufruct.”

“Every American college president, it appears, is in duty bound to write and utter at least one book upon the nature, aims and usufructs of the Higher Education.”

“International law recognizes a use right that is akin to the civil law usufruct or the common law life estate, lease, or profit. Like other property rights, such a usufruct may be characterized as an entitlement of a person that is related to an immovable or movable thing. It differs from ownership in certain respects. First, although the holder is entitled to the exclusive possession and use of the thing, and to all fruits it produces, he or she may not cause damage to the thing itself. Second, the duration of a usufruct may be limited in time, unlike ownership which is usually viewed as perpetual. Finally, the rights of the usufruct holder are effective against both the owner and the world in general.”

CEFR level